Report
EUR 356.26 For Business Accounts Only

Return to Record Results in 2016 and $10 Per Share in Cash

  • EPS is projected up at least 7% in 2016 (after a probably disappointing 2015) to a record $3.10 per share.
  • The balance sheet has net cash of $848 million or $10.08 per share, 21% of the share price (94% of which is held in India).
  • Syntel benefits from increased regulation, as well as customers deploying new technologies (social, mobile analytics and cloud deployments).
  • Approximately 65% of Syntel’s revenue is recurring and 95% generated from existing customers.
Underlying
Syntel incorporated

Syntel is a provider of digital transformation, information technology and knowledge process outsourcing services. The company's segments include: Banking and Financial Services, which serves financial institutions throughout the world; Healthcare and Life Sciences, which serves healthcare payers, providers and pharmaceutical and medical device providers, among others; Insurance, which serves the needs of property and casualty insurers, insurance brokers, personal, commercial, life and retirement insurance service providers; Manufacturing, which provides technology services and business consulting; and Retail, Logistics and Telecom, which provides elimination and digital modernization solutions.

Provider
Great Lakes Review, a division of Wellington Shields & Co. LLC
Great Lakes Review, a division of Wellington Shields & Co. LLC

Great Lakes Review is located in Cleveland, Ohio, was founded in 1981 and became a division of Wellington Shields & Co. LLC in 2011. Great Lakes Review is a research boutique focused on the fundamentally-oriented investor seeking companies that dominate their respective specialty niche regardless of industry. The objective is to make money for the long-term by gradually accumulating a diversified portfolio from a universe of no more than 30 companies.  Although short-term-oriented accounts will be alerted to trading opportunities, aggressive sell recommendations are triggered only by a deterioration in long-term fundamentals, not by short-term blips or investor fancy. Coverage of those names that lose their earnings momentum or earnings predictability may be dropped and replaced with more vital candidates. 

Other Reports on these Companies
Other Reports from Great Lakes Review, a division of Wellington Shields & Co. LLC

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